Sheffield Development Finance
development finance sheffield

Development finance for Sheffield property developers.

Senior debt, stretch senior, mezzanine, JV equity and exit finance — sourced from 100+ specialist lenders and structured around your Sheffield scheme. Indicative terms in 48 hours.

Terms in 48 hours100+ specialist lenders£300M arranged
£300M+

Capital arranged

500+

Deals completed

100+

Lender panel

20+

Years in market

Sheffield · right now

The market, in numbers.

HM Land Registry · Sheffield LPA · last 12 months

100+

Lenders

Active on panel

48hr

Indicative terms

From complete enquiry

£300M+

Arranged

Across the network

90%

Max LTC

Stretch senior

Why Sheffield

A city-centre pipeline at scale — and the lender relationships to fund it.

Sheffield is in the middle of its biggest transformation in decades. Heart of the City II is a £480m, 1.5m-sq-ft masterplan reshaping the central civic and commercial core. Castlegate is a £37m regeneration unlocking the historic riverside. Park Hill — the Grade II* Brutalist estate — is being transformed by Urban Splash into one of the UK’s most high-profile heritage residential programmes. And Kelham Island has become a genuinely sought-after urban village, named the UK’s best place to live by The Sunday Times in recent rankings.

The residential market has matured quickly. Two universities — University of Sheffield (c.31,000 students) and Sheffield Hallam University (c.34,000 students) — anchor a deep PBSA pipeline concentrated in Broomhall and the Western Bank corridor. Build-to-Rent is growing in the city centre and Kelham Island. South Yorkshire Mayoral Combined Authority delivery programmes and the Sheffield Local Plan underwrite consistent policy direction across the metropolitan district.

I arrange development finance across every corner of Sheffield and every mainstream asset class — residential, commercial, industrial, mixed-use, PBSA, BTR, hotel, care home, retail, and office. Facility sizes from £500K to £20M+. One specialist broker, the full lending stack, indicative terms in 48 hours.

The lending stack

Every product, the real numbers.

Indicative ranges pulled from live lender positions — market conditions and borrower profile shift these every month.

Senior Development

Standard product. New build, conversion, refurb. Day-one land + staged build drawdown.

Facility

£500K – £30M

LTC

up to 70%

LTGDV

up to 65%

Rate

7.0 – 9.0%

Stretch Senior

Capital-efficient. For experienced developers with proven track record.

Facility

£750K – £25M

LTC

up to 85%

LTGDV

up to 70%

Rate

7.5 – 10.0%

Mezzanine

Second-charge behind senior. Bridges the equity gap on larger schemes.

Facility

£250K – £10M

LTC

up to 90%

LTGDV

up to 75%

Rate

10 – 15%

JV Equity

Equity partner into the SPV. For proven operators scaling deal flow.

Facility

£500K – £20M

LTC

up to 100%

LTGDV

negotiated

Rate

Profit share

Development Exit

Refinance senior on practical completion. Release equity while you sell.

Facility

£500K – £25M

LTC

LTGDV

up to 75%

Rate

6.5 – 8.5%

Conversion / Refurb

Light refurb, heavy refurb, commercial-to-residential, PDR conversion.

Facility

£250K – £10M

LTC

up to 75%

LTGDV

up to 70%

Rate

7.5 – 10.5%

Model the deal

Sanity-check your scheme in a minute.

Drop in your GDV, build costs and term. The calculator is pre-set at market-typical senior ratios (70% LTC / 65% LTGDV) so the output reflects what Sheffield lenders are quoting this month, not last cycle.

For a tailored quote with live lender positions, call me on 020 1234 5678.

Scheme inputs

Drag the sliders.

£2,500,000
£1,700,000
£1,200,000
£500,000
18 months

Based on Manchester market averages

Your estimate

Indicative Loan Amount

£1,190,000

Lower of 70% LTC and 65% LTGDV — capped by LTC.

Loan to Value
47.6%
Loan to Cost
70.0%
Profit on Cost
47.1%
Indicative Rate
7.5% – 9.5% pa
Est. Monthly Interest
£8,429
Est. Total Interest (18m)
£151,725
Get your personalised quote

Indicative only. Actual terms depend on scheme specifics, borrower profile, and live lender appetite.

Lender panel

100+ lenders, one broker.

We hold live relationships with every mainstream and specialist lender active in the Sheffield market — from challenger banks to specialist development funds. One enquiry, one integrated negotiation across the whole panel.

Below: a selection of lenders we have placed Sheffield development deals with in the last 18 months.

Shawbrook

Challenger bank

Paragon

Challenger bank

United Trust Bank

Specialist bank

OakNorth

Challenger bank

Aldermore

Specialist bank

Together

Specialist lender

Assetz Capital

Specialist lender

Octane Capital

Specialist lender

LendInvest

Specialist lender

Maslow Capital

Specialist lender

Atelier Finance

Specialist lender

Puma Property Finance

Specialist lender

Close Brothers

Specialist bank

Hope Capital

Specialist lender

MT Finance

Specialist lender

Avamore Capital

Specialist lender

Glenhawk

Specialist lender

Investec

Private bank

Key development zones

Where Sheffield is building.

View all areas
Case studies

Real schemes, real facilities.

Kelham Island Apartments

48-unit scheme · 18m programme

£8.4M · 70% LTC

Broomhall PBSA

140-bed purpose-built student · 15m

£9.2M · 70% LTC

Ecclesall Conversion

12-unit Grade II villa — 10m

£2.6M · 72% LTC

Who you’re speaking to

The human behind the panel.

Hi — I'm Matt. I've spent two decades in property lending, most of it arranging development facilities for Sheffield developers. What I do now is simple: I bring schemes I believe in to lenders I already know, and I don't waste anyone's time if the numbers don't work. If you want a straight answer on your scheme, send it through — you'll hear back within 48 hours, and it won't be a form response.

Matt/Founder · 20+ years in development finance

Experience

20+ years

In property lending, including senior HBOS corporate banking.

Arranged

£300M+

In development facilities across the UK.

Lender panel

100+ lenders

Live relationships with every mainstream and specialist development lender active in the UK market.

Network

Construction Capital

Part of the UK's largest independent development finance brokerage.

What clients say
We needed stretch senior for a Kelham Island scheme. Matt’s team placed us at 8.3% with 82% LTC — better terms than we’d had from the previous broker on a comparable scheme.

James T.

Director, South Yorkshire Developments Ltd

A 140-bed PBSA in Broomhall. Operator pre-let in place, funded in 22 working days. Senior 70% LTC with tight pricing from a specialist student lender.

Sarah K.

MD, Yorkshire Student Property Group

First-time developer on a 10-unit Crookes conversion. The team guided me through every step — funded in 4 weeks, couldn’t recommend them more highly.

David R.

Property Developer, Sheffield

Frequently asked

Development finance FAQs.

Development finance in Sheffield is a specialist short-term property loan used to fund the construction, conversion or heavy refurbishment of residential, commercial and mixed-use schemes across South Yorkshire. Facilities are typically senior debt up to 70% LTC / 65% LTGDV, with stretch senior to 85% LTC and mezzanine lifting total leverage to 90%. With Sheffield delivering Heart of the City II (£480m), Castlegate and Park Hill regeneration, lender appetite is strong. Our development finance services cover schemes from £500K to £20M.
Sheffield development finance facilities typically range from £500,000 to £20,000,000. Senior at 70% LTC, stretch senior to 85%, and senior + mezzanine combined to 90% LTC. For larger city-centre schemes in Sheffield City Centre or Kelham Island, institutional lenders can accommodate larger ticket sizes. Use our development loan calculator for an instant estimate.
Interest rates for Sheffield development finance currently sit between 7.0% and 12% per annum, driven by loan-to-value, borrower experience, scheme location and exit strategy. Sheffield benefits from a competitive Midlands / Yorkshire lender market. Our 100+ lender panel gives every Sheffield scheme a full market view.
We issue indicative terms within 48 hours of receiving a complete enquiry. Full completion typically 2–4 weeks subject to valuation and legals. Exceptional transactions fund in 10 working days.
We finance every mainstream asset class: residential, commercial, industrial, PBSA (especially Broomhall and the western university corridor), BTR, hotel, care home, mixed-use, and permitted development conversions. Kelham Island heritage conversions and Park Hill residential are particular specialisms.
Most lenders require at least outline planning permission. Specialist lenders on our panel will consider pre-planning funding for experienced developers with strong track records on viable schemes. Sheffield City Council’s Local Plan and the Heart of the City II framework provide strong policy support across the central core.
Mezzanine finance is a second-charge development loan that sits behind the senior facility, allowing Sheffield developers to raise total borrowing to 85–90% of project costs. Mezz rates 10–15% pa but materially cheaper than JV equity. We arrange mezz alongside senior debt and stretch senior.
The full Sheffield metropolitan district plus the wider South Yorkshire footprint: Sheffield City Centre, Kelham Island, Neepsend, Park Hill, Castlegate, Ecclesall, Hillsborough, Crookes, Broomhall, Sharrow, Meadowhall, Stocksbridge. We also fund schemes across Rotherham, Doncaster and Barnsley.
Detailed scheme appraisal / feasibility, planning permission (or application reference), QS-signed cost plan, developer CV with comparable completed schemes, 12 months’ bank statements, proof of equity, professional-team contact sheet. PBSA or hotel schemes also need operator agreements.
A specialist Sheffield broker understands what national brokers miss — Heart of the City II delivery framework, Castlegate regeneration boundaries, Kelham Island / Neepsend planning character, and the realistic price points on city-centre sites. With £300M+ arranged and a corporate-banking background, our team places your Sheffield scheme with the right desk first time.
Next step

Send me your scheme.
Real numbers in 48 hours.

I’ll shortlist three to five lenders, run your deal against their live positions, and come back with structured indicative terms. If the numbers don’t work, I’ll tell you straight — I don’t waste your time or mine.